hydraulic fracturing

  • ExxonMobil to develop Fracking Pilot Project in Colombia

    ExxonMobil to develop Fracking Pilot Project in Colombia

    Thursday, 1st April 2021

    ExxonMobil’s plan to develop a pilot project for hydraulic fracturing, known as fracking, in the Valle Medio del Magdalena basin in Colombia has been provisionally approved by Colombia authority, according to Reuters.

  • Egypt Announces New Oil Discovery in Sinai

    Egypt Announces New Oil Discovery in Sinai

    Thursday, 4th July 2019

    Petrobel plans to drill 10 developmental wells with a crude oil production rate of around 3,000 barrels per day (b/d).

  • Kuwait Has Potential Shale Oil Reserves

    Kuwait Has Potential Shale Oil Reserves

    Monday, 12th January 2015
    According to an unofficial specialized study, there is a potential of existence of shale oil in Kuwait as there are 23 calcareous clay layers expected to be a source of shale oil and gas, an expert said.